Why isn’t crypto inflation talked about more?

So many people talk about staking as a safe way to earn passive income, but I don't think enough talk about coin inflation.

12% for Polkadot sounds great until you find out inflation is about 10%. Still, "plus 2%" is still better than the "minus 7%" like we're getting in savings accounts due to fiat inflation.

But then there are coins whose inflation roughly matches staking rewards. Or worse, coins like Algo with a 5% stake reward and 22.5% inflation rate. https://messari.io/asset/algorand/metrics/all

Can staking these coins still be called passive income if the inflation rate eats the whole staking reward and then some? Is the value of these types of coin solely coming from the speculation of long-term utility and bringing buyers on board to pump the price?